What does DAIMLER TRUCK FINANCIA mean on my credit report?

Learn about DAIMLER TRUCK FINANCIA, an creditor offering loans for financial assistance. Check the impact to your credit report and financial status.

Updated January 1, 2023
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What is DAIMLER TRUCK FINANCIA?

DAIMLER TRUCK FINANCIA is shorthand for Mercedes-Benz Financial Services USA LLC, with the company name being Mercedes-Benz Financial Services USA LLC Inc

For over forty years, Daimler Trucks has been delivering commercial vehicles around the world; we have specialised in finance solutions for trucks and buses since 1973.

DAIMLER TRUCK FINANCIA is a Creditor provider. They could be on your report for a number of reasons, for example:

  • ⚫ You missed a repayment.

  • ⚫ You opened an account with Mercedes-Benz Financial Services USA LLC.

  • ⚫ You opened a credit card / loan / mortgage with this company.

  • ⚫ Someone fraudulently opened a credit line under your name.

About the account

The account is classified under the following METRO2 categories:

  • ⚫ Auto Loan

How do I contact them?

Here is the current contact details for Mercedes-Benz Financial Services USA LLC:

Address:

  • P.O. Box 901 Roanoke, TX 76262

Website:

Phone:

Payments

Daimler Truck Financial offers a variety of payment options including online payments, phone payments, and other methods. Additionally, customers can use a check or money order to make payments with Daimler Truck Financial. Late or missed payments have no penalties according to Daimler Truck Financial Services USA LLC.

Question Answer
Do they offer a monthly payment plan? Yes
Can I make payments over the phone? Yes
Can I make payments online? Yes
Do they offer a discount for automatic payments? No
Can I make a payment using a mobile app? Yes
Can I make a payment using a prepaid debit card? Yes
Can I make a payment using a wire transfer? Yes

Forgiveness and Cancellation

There are three main federal student loan servicers: Navient, FedLoan, and Nelnet. You may be wondering if any of these companies offer loan forgiveness or consolidation. The answer is yes, all three companies offer loan consolidation. As for loan forgiveness, Nelnet does not participate in any federal loan forgiveness programs. However, both Navient and FedLoan do. To qualify for loan forgiveness through Navient, you must consolidate your loans into a Direct Consolidation Loan. From there, you can enroll in the Income-Contingent Repayment Plan or the Income-Based Repayment Plan. If you qualify for the Public Service Loan Forgiveness Program through FedLoan, you may have the remainder of your loan forgiven after you have made 120 qualifying monthly payments while working full-time for a qualifying employer.

Question Answer
Do they offer loan forgiveness? No
Do they offer loan consolidation? Yes

How to Apply

Daimler Truck Financial Services offers loans, leases, insurance, and custom solutions. You can apply for a loan online, in person, or using a mobile app. A cosigner may be necessary.

Question Answer
Can I apply for a loan online? Yes
Can I apply for a loan over a phone call? No
Can I apply for a loan in person? Yes
Can I apply for a loan using a mobile app? Yes
Can I apply for a loan with a cosigner? Yes

IdentityIQ Report Example

  • This is an example of what this creditor will look like on your IdentityIQ report.

DAIMLER TRUCK FINANCIA IdentityIQ Report

Will this affect my credit score?

Whether this account affects your credit score depends on a variety of factors, such as:

  • Account Open Date: If you opened this account recently it will impact your credit, the only way to prevent this from impacting your credit score is to remove the account from your report.
  • Derogatory Markings: If this account has any derogatory markings such as: Lates, Charge Offs, Collections and others.

However, there are could be some potential positive aspects to this account which could lead to improving your credit score, such as:

  • Account Age: If your account is quite old, then the age of it will positively impact your credit score
  • Repayment History: If the account has no Late Payments, Charge off Payments, then it may reflect a positive impact onto your credit score.

Can it be removed from my credit report?

Yes, with the right strategy, you will be able to remove any account from your report. But you have to be careful to ensure that the account is negative to begin with, or it will negatively impact your credit score.

However, removing a negative account will positively impact your credit score, allowing you to open new credit lines and potentially removing bad debt.

How do I remove DAIMLER TRUCK FINANCIA from my credit report?

You can send a dispute letter to the credit bureaus to remove this account from your report. You must send a dispute letter to all three credit bureaus, as they are legally required to remove the account from your report if it is found to be inaccurate. For best results you should send a dispute letter to the credit bureaus via certified mail, this will ensure that you have a legal record of the communication.